big xyt

big xyt Announces Dedicated Dashboard for Analyzing SI Volumes

Robin Mess, Chief Executive Officer of big xyt
Robin Mess, Chief Executive Officer of big xyt

High-volume smart data and analytics provider big xyt has announced further client driven enhancements to its Liquidity Cockpit in the form of a dedicated dashboard for analyzing SI volumes.

The dashboard allows users to view and compare the reported SI volumes filtered by adjusted conditions, analyzed by time, by region or by symbol. This new dynamic visualization leverages the recent release extending the adjustment of SI volumes and the range of enquiry options and filters available.
Not only users will get a greater understanding of the component parts of total SI flow reported, but the additional value-added functionality also introduces comparisons to other market activity such as Large In Scale (LIS) trades and the impact of Double Volume Caps on liquidity dispersion over time.
Robin Mess, Chief Executive Officer at big xyt commented:

“Since MiFID II we have been working hard with clients and analysts to deliver a range of different dashboards to our Liquidity Cockpit helping to answer essential questions.” Adding, “With our analysis of SI volumes, we have exceeded the expectations of the trading community by offering new views on the liquidity landscape in Europe.”

Mark Montgomery, Director of Strategy & Business Development at big xyt, added:

“We are excited by the capabilities of the new dashboards as previously hidden trends are emerging over the year since MiFID II was introduced. In particular, Systematic Internaliser volumes above and below Large In Scale look very different to the overall SI volume during 2018.”

Mark Montgomery, Director of Strategy & Business Development at big xyt
Mark Montgomery, Director of Strategy & Business Development at big xyt

The configurable view for analyzing key metrics for market share and market quality provided by the interactive dashboards makes big xyt’s Liquidity Cockpit a top provider of big data and analytics software, as users benefit from improved filtering and drill-downs as well as direct access to underlying data and analysis through CSV, and various APIs.

In late September 2018, the company launched liquidity metrics for ETFs with new navigation tools enriched with reference data from Ultumus, the specialist distributor of ETF composition data.

Zurich-based stock exchange SIX Swiss Exchange has partnered with big xyt in September 2017 to gain access to high-quality tick data through xyt hub.